Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.32 Billion | USD 4.76 Billion | 8.32% | 2023 |
Zion Market Research has published a report on the global Seed Coating Market, estimating its value at USD 2.32 Billion in 2023, with projections indicating that it will reach USD 4.76 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 8.32% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Seed Coating industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
This report analyzes and estimates the Seed Coating market at global, regional, and country level. The research study provides historic data from 2018 to 2022 along with forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the Seed Coating market drivers and restraints along with their impact analysis at global level from 2024 to 2032.
The report covers in-depth analysis of the strategies adopted by major competitors in the global Seed Coating market. To understand the competitive landscape in the global seed coating market, an analysis of Porter’s Five Forces model is also included. The research study comprises of market attractiveness analysis, wherein all the segments are benchmarked on the basis of their market size and growth rate.
The research study provides a decisive view on the global seed coating market based on Additive, Crop Type, Process, Active Ingredient, and Region. All the segments of the market have been analyzed based on the past, present, and future trends. The market is estimated from 2024 to 2032.
The escalating demand for premium quality seeds, easy handling, increased protection from pests and diseases, and flowability through planters are the primary factors that are estimated to fuel the growth of the Seed Coating market. The escalating demand for biodegradable seed coating produces due to the European Union (EU) laid mandates on chemical-based seed coatings is projected to drive the Europe Seed Coating market during the forecast period. The favorable trade and price support systems are anticipated to increase the import and export of cereals and oilseeds, thus increasing the demand for seed coatings.
Report Attributes | Report Details |
---|---|
Report Name | Seed Coating Market |
Market Size in 2023 | USD 2.32 Billion |
Market Forecast in 2032 | USD 4.76 Billion |
Growth Rate | CAGR of 8.32% |
Number of Pages | 110 |
Key Companies Covered | Germain Seed Technology, Inc., Bayer, Clariant AG, BASF SE, Croda International PLC, BrettYoung Seeds Limited, Sensient Technologies, Precision Laboratories LLC, and Centor Oceania |
Segments Covered | By Additive, By Crop Type, By Process, By Active Ingredients And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
In addition, the increasing use of production & farming of cereals & grains, oilseeds & pulses, and fruits & vegetables will further bolster the seed coating market. Additionally, the rising demand for health-enriching food products and advancements in the food processing industries will surge the global Seed Coating market growth. Apart from this, the growing demand for improving the nutritive value and enhancing the appearance of seeds is predicted to help boost the global seed coating market.
The study provides a decisive view of the seed coating market by segmenting the market based on by additive, by crop type, by process, by active ingredient and by region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
Based on additive, the global Seed Coating market is segregated into Polymers, Colorants, Pellets, Minerals/Pumice, Active Ingredients, and Others.
On the basis of crop type, the market is sectored into Cereals & Grains, Flowers & Ornamentals, Vegetables, Oilseeds & Pulses, and Others.
By process, the market for seed coating is segmented into Film Coating, Encrusting, and Pelleting.
In terms of active ingredient, the global Seed Coating market is classified into Protectants, Phytoactive Promoters, and Others.
The regional segmentation comprises the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further split into the U.S., Canada, Mexico, UK, France, Germany, China, Japan, India, South Korea, Brazil, and Argentina among others.
Some of the key players in the global Seed Coating market include Germain Seed Technology, Inc., Bayer, Clariant AG, BASF SE, Croda International PLC, BrettYoung Seeds Limited, Sensient Technologies, Precision Laboratories LLC, and Centor Oceania.
Global Seed Coating Market: By Additive Segmentation Analysis
Global Seed Coating Market: By Crop Type Segmentation Analysis
Global Seed Coating Market: By Process Segmentation Analysis
Global Seed Coating Market: By Active Ingredients Segmentation Analysis
Global Seed Coating Market: By Regional Segmentation Analysis
FrequentlyAsked Questions
The Seed Coating Market was valued at USD 2.32 Billion in 2023.
The Seed Coating Market is expected to reach USD 4.76 Billion by 2032, growing at a CAGR of 8.32% between 2024 to 2032.
Global Seed Coating Market players such as Germain Seed Technology, Inc., Bayer, Clariant AG, BASF SE, Croda International PLC, BrettYoung Seeds Limited, Sensient Technologies, Precision Laboratories LLC, and Centor Oceania.
The escalating demand for premium quality seeds, easy handling, increased protection from pests and diseases, and flowability through planters are the primary factors that are estimated to fuel the growth of the Seed Coating market. The escalating demand for biodegradable seed coating produces due to the European Union (EU) laid mandates on chemical-based seed coatings is projected to drive the Europe Seed Coating market during the forecast period. The favorable trade and price support systems are anticipated to increase the import and export of cereals and oilseeds, thus increasing the demand for seed coatings.
The Regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
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